Catching Up to FI

Bill & Becky continue their chat with THE JL Collins, author of THE Simple Path to Wealth and the acclaimed "Godfather of FI".  We began the last episode with JL Collins playing John Goodman in the "Why you need F-You Money" clip.  We start this episode with "A Guided Meditation for When the Stock Market is Dropping".  JL helps us answer many questions.  What do we do when the stock market drops? What about international diversification?  What about dollar cost averaging a lump sum into the market?  Tune in! Just like the old EF Hutton commercial, "When JL Collins talks, people listen!" :) 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: JL Collins homepage A Guided Meditations for When the Stock Market is Dropping The Stock Series The Simple Path to Wealth: Your Roadmap to Financial Independence and a Rich, Free Life by JL Collins How I Lost Money in Real Estate Before it was Fashionable: A Cautionary Tale by JL Collins Pathfinders:  Extraordinary Stories of People Like You on the Path to Financial Independence-And How to Join Them by JL Collins to be released October 31, 2023 Dollar Cost Averaging Posts VTSAX, Vanguard's Total Stock Market Index Fund VBTLX, Vanguard's Total Bond Market Index Fund How I Failed My Daughter and a Simple Path to Wealth Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

THE JL Collins is the author of THE Simple Path to Wealth and aptly named the "Godfather of FI".  For over 600,000 readers, his first book has become a sort of "Bible of FI".  He is a humble spokesperson for those on their own personal journey to financial independence.  In Part 1 of our conversation, we talk with him about his own journey and his thoughts on real estate and index fund investing.  We start the show with R-Rated audio from the popular JL Collins parody of a John Goodman clip from the movie "The Gambler", "The Position of F**k You". 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: JL Collins homepage The Position of F@#% You, JL Collins tribute to The Gambler with John Goodman The Simple Path to Wealth:  Your Roadmap to Financial Independence and a Rich, Free Life by JL Collins How I Lost Money in Real Estate Before It Was Fashionable: A Cautionary Tale by JL Collins Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence-And How to Join Them by JL Collins  The Stock Series by JL Collins The Simple Path to Wealth, JL Collins talks at Google  Why Your House is a Terrible Investment Roots vs Wings: Considering Home Ownership Rent vs Owning Your Home: Opportunity Cost and Running Some Numbers Time Machine and the Future Returns for Stocks Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Jordan Grumet, aka Doc G, is an accomplished doctor, blogger, public speaker, podcaster, and author.  He is the host of the incredibly popular and award-winning podcast Earn & Invest.  Bill thinks of him as a time-money philosopher.  Today we discuss his book Taking Stock: A Hospice Doctor's Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life.  Bill would consider this book a companion book to JL Collin's "The Simple Path to Wealth".  Actually, Bill would read Jordan's book first. This is a show about mindset, life, and reverse engineering your death.  As one of Jordan's patients aptly said, "Dying is easy. Living is the harder part." 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: Earn & Invest Podcast Taking Stock: A Hospice Doctor's Advise on Financial Independence, Building Wealth, and Living a Regret-Free Life by Jordan Grumet The Simple Path to Wealth: Your Roadmap to Financial Independence and a Rich Free Life by J L Collins Vicki Robbin Jim Dahle Maslow's Hierarchy of Needs Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Brad Barrett is the co-founder and host of the ChooseFI Podcast and Platform.  We talk about his personal story, travel hacking, and the genesis of ChooseFI.  Since 2016, ChooseFI has literally changed the world in which we live.  It is the "ultimate crowdsourced personal finance podcast" with over 60M downloads.  It is a standard-bearer of hope that Bill has no doubt the majority of FI enthusiasts follow.  It encourages us to take action in all aspects of our lives, not just the financial ones. ChooseFI teaches us how to compound our marginal gains towards financial and time freedom and living our best lives. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: ChooseFI ChooseFI online FI101 Class ChooseFI Travel Rewards Richmond Savers Travel Miles 101 The 4-Hour Work Week by Tim Ferriss Undercover Tourist Radical Personal Finance Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Amberly Grant is a community leader, financial educator, real estate investor, and was recently featured on CNBC's Make It Series.  She currently owns seven doors between Canada and the US, comprised of STRs and LTRs.  She creates financial educational content on Instagram, hosts a Tuesday FinTalks (where 30-50 people from all walks of life talk weekly about different financial topics), runs a mentorship program, and mastermind.  She does all this while holding down a W-2 job and breastfeeding her first child.  Amberly is bubbly, energetic, quirky, and determined to bring others along with her on the path to financial independence. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: 50% Rule of Real Estate Investing CNBC Make It! Series FinTalks CampFI Amberly Grant Finance Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Fritz Gilbert is the author of the popular blog The Retirement Manifesto with over 13,000 subscribers.  He takes us on his journey to retirement in his fifties and discusses the hard (monetary) and soft (non-monetary) sides of retirement.  He emphasizes the importance of both and that the numbers are the easy part making up only really 20% of the journey to time freedom.  We discuss the "what are you going to do with your freedom" when you get there and when you should start that transition.  This is a long one, but you are gonna want to hear it all. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: (As an Amazon Associate, I earn from qualifying purchases.) The Retirement Manifesto Keys to a Successful Retirement: Staying Happy, Active, and Productive in Your Retired Years by Fritz Gilbert John Bogle Vanguard How To Do A Backdoor Roth IRA, White Coat Investor Are Safe Withdrawal Rates Ridiculous Wade Pfau Retirement Researcher Capital One 360 Our Retirement Investment Drawdown Strategy, The Retirement Manifesto Blog Is The Bucket Strategy a Cheap Gimmick, The Retirement Manifesto Blog Mike Piper Retirement Heaven or Hell: 9 Principles For Designing Your Ideal Post-Career LIfestyle by Michael Drak Freedom for Fido It's Never Too Late To Save For Retirement, The Retirement Manifesto Blog Freedom For Fido Facebook Page Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Amy Coroso is a passionate advocate for women's financial literacy and retirement equality.  She is a divorced single mother of two boys with a middle income who woke up in her mid-forties to face her own financial illiteracy and poor planning.  She is now on track to reach financial freedom at 59.  She is also a brand new author and financial coach.  She has turned her financial weaknesses into the superpower of helping others build their financial muscles.  This is her first podcast guest appearance ever!  🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: Planning Your Retirement Life: Secure Your Future NOW: A Woman's 8-Step Guide To Financial Freedom, Even If You Have No Money, No Time, and Don't Know Where to Start CBS News Article, The Shocking Reality for US Moms, Half Have No Retirement Savings Spousal IRA Financial Feminist The Budgetnista YNAB Dave Ramsey Tardus Wealth Strategies Income Snowball AJC Publications National Financial Education Council Happy Money Books Amy's email: amy@ajcpublications.com Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Vincent Pugliese was a self-proclaimed thief, taker, and failure in his formative years.  He later evolved into an award-winning professional photographer.  In his most recent life, he is an author, motivational speaker, professional coach, a time freedom fighter, an eternal optimist, and a giver. He is a contrarian philosopher and does not believe in FIRE (Financial Independence Retire Early) or Retirement.  This show is not about money, at least directly.  Bill & Becky talk with Vincent about freelancing to freedom and a wealth of connections.  Let us take you on a mindset journey into your best life now.  Why wait? 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: The Go Giver by Bob Burg and John David Mann Seth Godin Total Life Freedom website The Wealth of Connection by Vincent Pugliese free audio book Total Life Freedom School Total Life Freedom Mastermind and Community Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Rumba and JOMO are "characters" in the story of Olivia who is the heroine of Sarah Catherine Gutierrez's book: But First, Save 10: The One Simple Money Move That Will Change Your Life.  Olivia is an 18-30-year-old woman at the beginning of her financial journey, but her path is applicable to all of us late starters of any age.  SC is a friend, a certified financial planner, and sucked at math.  She is also a game changer in the financial industrial complex.  In this episode, we dive into her story, dreams, and goals.  Along the way, we talk about Cash Flow Planning, The Tax Efficient Waterfall, Women and Money, and Save, Save, Save.  You will not want to miss this episode. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: Aptus Financial Ladysplaining Money But First, Save 10 Signed copy of Sarah Catherines' Book, But First Save 10: The One Simple Money Move That Will Change Your Life Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Bill & Becky chit-chat about what is going on in their lives this week. This week we had birthdays, funerals, and car trauma.  Life throws us curve balls.  It surprises us with joy, sorrow, and challenges.  Time is fragile and not guaranteed.  As humans and late starters, we are incredibly resilient, adaptive, and resourceful.  We are here not just to survive, but to thrive together. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.